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Indian cotton prices in December exports to China - reduction Textile information - Textile net - Textile integrated service provider
Last week, according to media reports, India yarn prices rose sharply, among them, the pure cotton yarn prices rose 11 cents, FOB price of 2. $63 / kg; Polyester/cotton yarn prices seven cents, FOB price for 2. $5 / kg. Indian cotton prices of the main cause is a decline in global cotton production, especially Pakistan cotton yields increased demand for Indian cotton, cotton prices high support India cotton prices to rise further in the international market, led to the Indian cotton yarn will face the international market demand is weak. According to statistics, India's cotton yarn exports to China in December fell 35%, but the cotton yarn exports year-on-year decline in 16 only. 2% of Bangladesh's cotton yarn exports year-on-year growth of 29%. The main reason for decline in demand in China is the high-end product exports surged by Vietnam and Pakistan on low-end products exports.